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Analyst says Bank of America is blowing up Merrill Lynch

Wall Street Bull

Nearly eight years after Bank of America purchased Merrill Lynch, one of the nation's leading bank analysts, Dick Bove, recently wrote that "Bank of America is simply blowing up the Merrill franchise presumably because it does not like the business or it does not know how to manage it."

Kashkari's bank crackdown is dangerous: Bove

Neel Kashkari

Neel Kashkari, the new president of the Federal Reserve Bank of Minneapolis, unveiled a major program to explain to the nation, Congress, and the media why large banks needed to be broken up.

Dodd-Frank was a disaster

Dick Bove On Jpmorgan Pic

Dodd-Frank was probably the worst piece of legislation in modern history, says bank analyst Dick Bove. Here's why.

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Wall Street Bull

Analyst says Bank of America is blowing up Merrill Lynch

Nearly eight years after Bank of America purchased Merrill Lynch, one of the nation's leading bank analysts, Dick Bove, recently wrote that "Bank of America is simply blowing up the Merrill franchise presumably because it does not like the business or it does not know how to manage it."